Watson
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401k Hardship withdrawl for purchase of primary residence
Watson replied to Watson's topic in 401(k) Plans
They have asked for a Good Faith estimate, in addition to the purchase agreement. Will an email from the lender outlining the cost of the loan suffice? -
A participant needing a 401k withdrawl for purchase of a primary residence. Do the administrators of the plan contact the lending institution? In addition if work needs to be done to the residence being purchased i.e. new roof, can that be sent in as construction costs?